Nicaragua: Geothermal Power Plant to Add 36 MW to System

At the end of the month the San Jacinto-Tizate geothermal station will generate 36 megawatts which will be added to the national grid.

Wednesday, December 21, 2011

The head of the ministry of Energy and Mines, Emilio Rappaccioli said at a news conference that the incorporation of the 36 MW of renewable energy, will save nearly $ 40 million annually on fuel consumption.

An article in ACN-EFE states, "he (the Minister) added that the second phase of the San Jacinto-Tizate geothermal plant, to be concluded in late 2012 or early 2013, will generate another 36 megawatts, making a total of 72 new megawatts, bringing the energy savings up to 80 million dollars a year.

‘This geothermal project has a positive impact on the economy, generation costs, energy prices for consumers and the environment’, he stressed."

More on this topic

Geothermal Energy in Nicaragua

March 2012

The volcanic mountain range of los Maribios could potentially generate more than 1,500 megawatts for the country.

Studies by the Ministry of Energy and Mines (MEM) estimate that the volcanoes of the Los Maribios range, along the Pacific area, could give the country a generation potential of more than the 1,500 megawatts in 12 areas or geothermal fields, a capability that could liberate Nicaragua from dependence on oil as a source of electricity.

Nicaragua to expand geothermal energy with IDB help

August 2010

A $40 million loan will support the expansion of the San Jacinto-Tizate project, boosting power generation capacity

The Inter-American Development Bank (IDB) announced the approval of a $40 million loan to finance the second phase expansion of the San Jacinto-Tizate geothermal power project, which is being developed by a private sector company, Polaris Energy Nicaragua S.A. (PENSA).

Geothermal Projects Promoted

August 2011

Guatemala has the potential to generate 1,000 megawatts, of which it currently only uses 3.6%.

The Association of Renewable Energy Generators (Ager) is promoting investment in projects for geothermal power generation. In a presentation at the Guatemala Chamber of Commerce and Industry it asked the authorities to encourage tenders for this sector.

Nicaragua seeks offers for geothermal development

June 2008

Nicaragua will auction concessions to extract energy from the San Cristóbal Volcano, which has the most energy potential of the 12 geothermal sites in the country.

The government will consider offers until July 31, according to a press release on the Energy Ministry's web site.

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